Global jitters over Dubai's overextended real estate financing couldn t suppress modest gains among the major indexes in the first full session after the Thanksgiving holiday. Exchange-traded funds weathered the volatility with mixed results.

The Dow Jones Industrial Average rose 35 to finish at 10345 on Monday. The Nasdaq inched up 6 to 2145, and the S&P 500 ended up 4 at 1096.

The dollar and Treasurys were lower, and gold prices dipped a bit.

Asian markets reacted positively to a statement by the United Arab Emirates central bank that it would support local and international banks exposed to Dubai debt, but European stocks were weak. Shares in Dubai and Abu Dhabi, where traders were returning from the Eid Al Adha holiday, fell sharply in the first day of trading since Dubai World made its announcement last Wednesday. Construction, retail and financial stocks were hardest hit, with the Dubai

Financial Market's main stock index down 7.3%.

Apart from Dubai, investors will be looking at early results from U.S. post-Thanksgiving shopping. "Overall, our store checks this Black Friday were in line with our expectations, and we believe that the holiday season got off to a promotional and highly competitive start," said analysts at Barclays Capital in a note to investors.

Sales of electronics were likely a key as many retailers such as Wal-Mart Stores and Target advertised deep discounts on flat-panel televisions.

News that a British yacht had been seized by the Iranian navy gave the oil markets a few jitters Monday afternoon. Front-month crude futures traded on the Nymex shot up quickly, rising $1.25 to $77.30 a barrel by 4:02 p.m.

For a detailed rundown on Monday s trading session see our market story.

Winners

Improving home sales data and other factors boosted views on real estate, sending the iShares Cohen & Steers Realty Majors Index fund up 4.3%. The SPDR KBW Bank fund rose 3.6%.

Losers

Gas prices fell as oil prices rose, sending the United States Natural Gas fund down 6.7% for the day. Dubai's woes pushed down shares of the usually lightly traded WisdomTree Middle East Dividend fund, which dropped 6.4%.

Monday s Industry Headlines

Data Point
Claymore Securities will be liquidating four exchange-traded funds that aren't doing enough business. They'll be closed by the end of the year, the first major move for the exchange-traded fund provider since it was bought in October by Guggenheim Partners, a private investment firm. The Claymore/Morningstar Manufacturing Super Sector Index fun, the Claymore/Morningstar Information Super Sector Index fund, the Claymore/Morningstar Services Super Sector Index fund and the Claymore U.S.-1- The Capital Markets Index fund will be closed. Claymore said these funds represent less than 0.7% of the company s total $2.5 billion in assets. Trading will be halted Dec. 11 and liquidation of shares will be concluded from Dec. 14 to Dec. 18. Investors will be paid the full net asset value of each fund in cash.

Tuesday s Notebook

Earnings and Conference Calls
AHCI, American Eagle, American Woodmark, Barnes & Noble, Brocade, Brown Shoe, Cracker Barrel, Daktronics, Dollar Tree, DSW, Eaton Vance, Fred s Genesco, GigaMedia, Hillenbrand, HJ Heinz, Hormel Foods, Medtronic, Warner Music Group, Blue Coat, China Finance Online, Coldwater Creek, J. Crew, Netezza, Steak n Shake, TiVo.

Economic Data
10:00 a.m. Construction Spending (Oct.)
10:00 a.m. ISM Index (Nov.)
10:00 a.m. Pending Home Sales Index (Oct.)